Karachi, February 11, 2026 – Bank Al Habib Limited on Wednesday reported a sharp 23% decline in its after-tax profit for the calendar year ended December 31, 2025, reflecting pressure from lower net interest income and rising operating costs.
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SECP greenlights Jazz’s takeover of TPL Insurance, boosting digital coverage
Islamabad, February 11, 2026 – The Securities and Exchange Commission of Pakistan (SECP) has approved the acquisition of a controlling stake in TPL Insurance Limited by Jazz International Holding Limited, marking a significant development in Pakistan’s digital insurance and telecom sectors.
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Wafi Energy to launch subsidiary at Dubai Free Zone for global expansion
Karachi, February 10, 2026 – Wafi Energy Pakistan Limited has announced plans to expand its international presence by establishing a wholly-owned subsidiary in the Dubai Free Zone. The move is part of the company’s strategy to grow its business operations beyond Pakistan and tap into global markets.
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Meezan Bank profit slips 12% in 2025 amid sector pressures
KARACHI, February 9, 2026 — Meezan Bank Limited (MEBL) announced its annual financial results for the calendar year 2025, reporting a 12% decline in after-tax profit compared to the previous year. The bank posted an after-tax profit of Rs89 billion for CY25, down from Rs101.51 billion in CY24, according to figures shared with the Pakistan Stock Exchange (PSX).
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CEO K-Electric resigns soon after getting clearance in harassment case
Karachi, February 6, 2026 — In a major corporate development, K-Electric on Friday confirmed that its Chief Executive Officer, Syed Moonis Abdullah Alvi, has resigned from his position shortly after receiving clearance in a high-profile harassment case.
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MCB Bank posts over 6% decline in profit for CY25
Karachi: MCB Bank Limited has reported a decline of more than 6 percent in its annual profit after tax for the calendar year ended December 31, 2025, according to financial results shared with the Pakistan Stock Exchange (PSX).
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Sindh Governor Sets Aside K-Electric CEO Harassment Case Order
Karachi, February 3, 2026 – The Governor of Sindh has officially set aside the order issued by the Provincial Ombudsman against the Chief Executive Officer (CEO) of K-Electric Limited (KE) in a high-profile women harassment case. The disclosure was made by K-Electric in a communication to the Pakistan Stock Exchange (PSX) on Tuesday.
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NBP extends banking facility restructuring offer to Hascol Petroleum
Karachi, February 2, 2026 — The National Bank of Pakistan (NBP) on Monday issued an offer letter to Hascol Petroleum Limited regarding the restructuring and rescheduling of its banking facilities and financial accommodations.
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Jazz selects Iris Digital for three-year creative partnership
Karachi, January 28, 2026 – Symmetry Group Limited has announced that its wholly owned subsidiary, Iris Digital (Private) Limited, has been selected as the preferred bidder by Jazz after the successful completion of commercial and technical evaluations for multiple high-value digital and creative mandates.
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Honda Atlas Cars Pakistan posts record 116% profit growth in nine months
Karachi, January 27, 2026 – Honda Atlas Cars (Pakistan) Limited has reported an exceptional financial performance, recording more than 116 percent growth in profit after tax for the nine-month period ended December 31, 2025.
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